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Common Stock and Equity Based Compensation (Tables)
 12 Months Ended
Sep. 30, 2014
Share-based Compensation [Abstract]  
Common Stock Share Activity
UGI Common Stock share activity for Fiscal 2012, Fiscal 2013 and Fiscal 2014 follows:
 
Issued
 
Treasury
 
Outstanding
Balance, September 30, 2011
173,260,641

 
(5,506,608
)
 
167,754,033

Issued:
 
 
 
 
 
Employee and director plans
176,250

 
1,237,388

 
1,413,638

Dividend reinvestment plan
—

 
157,491

 
157,491

Shares reacquired - employee and director plans
—

 
(394,530
)
 
(394,530
)
Balance, September 30, 2012
173,436,891

 
(4,506,259
)
 
168,930,632

Issued:
 
 
 
 
 
Employee and director plans
238,800

 
3,933,507

 
4,172,307

Dividend reinvestment plan
—

 
93,253

 
93,253

Shares reacquired - employee and director plans
—

 
(1,552,905
)
 
(1,552,905
)
Balance, September 30, 2013
173,675,691

 
(2,032,404
)
 
171,643,287

Issued:
 
 
 
 
 
Employee and director plans
94,950

 
2,928,140

 
3,023,090

Repurchases of Common Stock
—

 
(1,227,654
)
 
(1,227,654
)
Shares reacquired - employee and director plans
—

 
(1,164,942
)
 
(1,164,942
)
Balance, September 30, 2014
173,770,641

 
(1,496,860
)
 
172,273,781
Stock Option Awards
Stock option transactions under equity-based compensation plans during Fiscal 2012, Fiscal 2013 and Fiscal 2014 follow:
 
Shares
 
Weighted
Average
Option Price
 
Total
Intrinsic
Value
 
Weighted
Average
Contract Term
(Years)
Shares under option — September 30, 2011
11,509,769

 
$
17.03

 
$
15.1

 
6.2
Granted
2,262,075

 
$
19.51

 
 
 
 
Cancelled
(482,400
)
 
$
18.49

 
 
 
 
Exercised
(1,202,786
)
 
$
13.95

 
$
7.2

 
 
Shares under option — September 30, 2012
12,086,658

 
$
17.75

 
$
41.4

 
6.1
Granted
2,275,350

 
$
22.38

 
 
 
 
Cancelled
(134,754
)
 
$
20.34

 
 
 
 
Exercised
(4,033,302
)
 
$
16.39

 
$
35.4

 
 
Shares under option — September 30, 2013
10,193,952

 
$
19.28

 
$
69.6

 
6.8
Granted
1,665,600

 
$
27.93

 
 
 
 
Cancelled
(86,707
)
 
$
22.76

 
 
 
 
Exercised
(2,815,555
)
 
$
17.44

 
$
37.4

 
 
Shares under option — September 30, 2014
8,957,290

 
$
21.44

 
$
113.3

 
7.0
Options exercisable — September 30, 2012
7,976,547

 
$
16.88

 
 
 
 
Options exercisable — September 30, 2013
5,871,091

 
$
17.95

 
 
 
 
Options exercisable — September 30, 2014
5,073,347

 
$
19.45

 
$
74.2

 
6.0
Options not exercisable — September 30, 2014
3,883,943

 
$
24.02

 
$
39.1

 
8.5
Additional Information Relating to Stock Options Outstanding and Exercisable
The following table presents additional information relating to stock options outstanding and exercisable at September 30, 2014:

 
Range of exercise prices
 
Under
$15.00
 
$15.01 -
$20.00
 
$20.01 -
$25.00
 
Over
$25.00
Options outstanding at September 30, 2014:
 
 
 
 
 
 
 
Number of options
102,000

 
3,452,480

 
3,500,910

 
1,901,900

Weighted average remaining contractual life (in years)
1.4

 
5.7

 
7.2

 
9.2

Weighted average exercise price
$
14.47

 
$
18.15

 
$
21.45

 
$
27.74

Options exercisable at September 30, 2014:
 
 
 
 
 
 
 
Number of options
102,000

 
2,727,509

 
2,077,840

 
165,998

Weighted average exercise price
$
14.47

 
$
17.81

 
$
21.27

 
$
26.85
Assumptions Used for Valuing Option Grants
The assumptions we used for valuing option grants during Fiscal 2014, Fiscal 2013 and Fiscal 2012 are as follows:

 
2014
 
2013
 
2012
Expected life of option
5.75 years
 
5.75 years
 
5.75 years
Weighted average volatility
24.3%
 
24.9%
 
24.7%
Weighted average dividend yield
2.9%
 
3.6%
 
3.5%
Expected volatility
23.7% - 24.4%
 
24.4% - 24.9%
 
24.7%
Expected dividend yield
2.7% - 2.9%
 
3.2% - 3.7%
 
3.3% - 3.7%
Risk free rate
1.8% - 2.0%
 
0.8% - 1.7%
 
0.8% - 1.1%
Weighted Average Assumptions Used to Determine the Fair Value of UGI Performance Unit Awards and Related Compensation Costs
The following table summarizes the weighted average assumptions used to determine the fair value of UGI Performance Unit awards and related compensation costs:
 
Grants Awarded in Fiscal
 
2014
 
2013
 
2012
Risk free rate
0.8
%
 
0.4
%
 
0.4
%
Expected life
3 years

 
3 years

 
3 years

Expected volatility
20.3
%
 
21.1
%
 
22.2
%
Dividend yield
2.7
%
 
3.3
%
 
3.5
%
UGI Performance Unit Award Activity
The following table summarizes UGI Unit award activity for Fiscal 2014:
 
Total
 
Vested
 
Non-Vested
 
Number of
UGI
Units
 
Weighted
Average
Grant Date
Fair Value
(per Unit)
 
Number of
UGI
Units
 
Weighted
Average
Grant Date
Fair Value
(per Unit)
 
Number of
UGI
Units
 
Weighted
Average
Grant Date
Fair Value
(per Unit)
September 30, 2013
1,380,902

 
$
18.35

 
822,975

 
$
15.45

 
557,927

 
$
22.62

UGI Performance Units:
 
 
 
 
 
 
 
 
 
 
 
Granted
189,450

 
$
32.32

 
9,570

 
$
32.02

 
179,880

 
$
32.33

Forfeited
(7,200
)
 
$
24.95

 
—

 
$
—

 
(7,200
)
 
$
24.95

Vested
—

 
$
—

 
205,282

 
$
21.15

 
(205,282
)
 
$
21.15

Unit awards paid
(267,146
)
 
$
22.17

 
(267,146
)
 
$
22.17

 
—

 
$
—

UGI Stock Units:
 
 
 
 
 
 
 
 
 
 
 
Granted (a)
44,814

 
$
27.41

 
43,689

 
$
27.35

 
1,125

 
$
29.84

Vested
—

 
$
—

 
1,500

 
$
22.29

 
(1,500
)
 
$
22.29

Unit awards paid
(34,639
)
 
$
14.41

 
(34,639
)
 
$
14.41

 
—

 
$
—

September 30, 2014
1,306,181

 
$
20.58

 
781,231

 
$
16.60

 
524,950

 
$
26.51

(a)
Generally, shares granted under UGI Stock Unit awards are paid approximately 70% in shares. UGI Stock Unit awards granted in Fiscal 2013 and Fiscal 2012 were 51,038 and 63,668, respectively.
Schedule of Payment for UGI Performance Unit and UGI Stock Unit Awards in Shares and Cash
During Fiscal 2014, Fiscal 2013 and Fiscal 2012, the Company paid UGI Performance Unit and UGI Stock Unit awards in shares and cash as follows:
 
2014
 
2013
 
2012
UGI Performance Unit awards:
 
 
 
 
 
Number of original awards granted
331,038

 
328,025

 
316,125

Fiscal year granted
2011

 
2010

 
2009

Payment of awards:
 
 
 
 
 
Shares of UGI Common Stock issued
174,168

 
97,622

 
—

Cash paid
$
3.1

 
$
1.6

 
$
—

UGI Stock Unit awards:
 
 
 
 
 
Number of original awards granted
34,639

 
54,269

 
49,347

Payment of awards:
 
 
 
 
 
Shares of UGI Common Stock issued
22,604

 
35,274

 
32,636

Cash paid
$
0.4

 
$
0.5

 
$
0.2
Weighted Average Assumption Used to Determine the Fair Value of AmeriGas Performance Unit Awards and Related Compensation Costs
The following table summarizes the weighted-average assumptions used to determine the fair value of AmeriGas Performance Unit awards and related compensation costs:
 
Grants Awarded in Fiscal
 
2014
 
2013
 
2012
Risk-free rate
0.8
%
 
0.4
%
 
0.4
%
Expected life
3 years

 
3 years

 
3 years

Expected volatility
21.1
%
 
20.7
%
 
23.0
%
Dividend yield
7.5
%
 
8.2
%
 
6.4
%
AmeriGas Common Unit Based Award Activity
The following table summarizes AmeriGas Common Unit-based award activity for Fiscal 2014:
 
Total
 
Vested
 
Non-Vested
 
Number of
AmeriGas
Partners
Common
Units
Subject
to Award
 
Weighted
Average
Grant Date
Fair Value
(per Unit)
 
Number of
AmeriGas
Partners
Common
Units
Subject
to Award
 
Weighted
Average
Grant Date
Fair Value
(per Unit)
 
Number of
AmeriGas
Partners
Common
Units
Subject
to Award
 
Weighted
Average
Grant Date
Fair Value
(per Unit)
September 30, 2013
224,167

 
$
47.88

 
47,715

 
$
47.92

 
176,452

 
$
47.87

AmeriGas Performance Units:


 


 


 


 


 


  Granted
53,800

 
$
41.50

 
633

 
$
41.37

 
53,167

 
$
41.50

  Forfeited
(8,150
)
 
$
45.96

 
—

 
$
—

 
(8,150
)
 
$
45.96

  Vested
—

 
$
—

 
15,319

 
$
53.93

 
(15,319
)
 
$
53.93

  Performance criteria not met
(31,317
)
 
$
54.51

 
(31,317
)
 
$
54.51

 
—

 
$
—

AmeriGas Stock Units:
 
 
 
 
 
 
 
 
 
 
 
  Granted
32,658

 
$
46.37

 
15,936

 
$
48.00

 
16,722

 
$
44.81

  Forfeited
(7,783
)
 
$
51.10

 
—

 
$
—

 
(7,783
)
 
$
(51.10
)
  Vested
—

 
$
—

 
52,061

 
$
47.58

 
(52,061
)
 
$
47.58

  Awards paid
(63,140
)
 
$
48.00

 
(63,140
)
 
$
48.00

 
—

 
$
—

September 30, 2014
200,235

 
$
44.82

 
37,207

 
$
44.27

 
163,028

 
$
44.95
AmeriGas Common Unit Based Awards in Common Units and Cash
During Fiscal 2014, Fiscal 2013 and Fiscal 2012, the Partnership paid AmeriGas Performance Unit and AmeriGas Stock Unit awards in Common Units and cash as follows:
 
2014
 
2013
 
2012
AmeriGas Performance Unit awards:
 
 
 
 
 
Number of Common Units subject to original awards granted
41,251

 
48,150

 
53,600

Fiscal year granted
2011

 
2010

 
2009

Payment of awards:
 
 
 
 
 
AmeriGas Partners Common Units issued
—

 
—

 
—

Cash paid
$
—

 
$
—

 
$
—

AmeriGas Stock Unit awards:
 
 
 
 
 
Number of Common Units subject to original awards granted
72,023

 
35,934

 
67,246

Payment of awards:
 
 
 
 
 
AmeriGas Partners Common Units issued
40,842

 
23,192

 
44,016

Cash paid
$
1.4

 
$
0.6

 
$
1.0